News Details
Category : Mutual Fund
Headline : DSP Mutual Fund introduces an open-ended equity scheme, DSP Quant Fund
Date: 13/05/2019 15:44
DSP Mutual Fund has introduced a new open-ended equity scheme, DSP Quant Fund, which systematically follows investment rules tested over market cycles with minimum human biases.

The new scheme goals are set to deliver superior returns as compared to the underlying benchmark – BSE200 TRI - over the medium to long term using rational principles combined with scientific risk management.

As per the report, the fund follows a three-step process of elimination, selection and assigning weights. It aims to eliminate long term value detractors, select durable sources of alpha and follow a quantitative weighting approach that aims to ensure adequate diversification through stock and sector concentration limits.

The report further says that the new DSP Quant Fund will be managed by Anil Ghelani.